What is the first thing after registering in myfxbook?

Thanks @Yohana, I really appreciate it. I have much more to share so please stay tuned.

I did not discover anything meaningful so I don't deserve any credit. I just worked hard and was smart enough to filter out what works and what not. 😄

Cancel long GBPUSD and GBPJPY. No fill. GBPJPY would have made us big profits, but market did not want to reward us.

I will try to trade with as much as less leverage as possible. Better to save leverage. Markets are about to end the cycle, there will be good trading opportunities next few months.

Ok, thank you, lately I am stocking on studying and demo account does not make me feel so energizing... I'd rather maybe restart with small little account with real money, maybe that way I can be more attracted by the Forex, at the moment.

You all are doing Great!

Hugs!

I would like to encourage you to keep learning. Hard work always rewards bakc.

I hope for everyone not only to make profits, but also finds joy in trading.

New detailed strategy on EURUSD have been updated on my blog. I will look forward sharing my screen and ideas at least one currency pair every day. Please have a look, and enjoy.

http://arditfx.blogspot.com

The First Thing After Registering you should read this 10 times at least :D

SERIOUS WARNING !!!

-Most Forex traders lose all their money.
-Using the robots posted here in trading Forex does not guarantee success.
-Trading these robots could lead to serious financial loss.
-Trading these robots without understanding their underlying trading strategies guarantees traders will lose their money.
-A trading robot is a maximum of 90% as good as the manual strategy it trades.
because myself sometimes forget about this risk 😇

@ Ardit, thank you the blog seems great ...

Thanks, i'll do the best I can to post new pair every day. Not only EW picture, but also the means how to trade it.

Regards.

SERIOUS WARNING !!!

-Most Forex traders lose all their money.
If this were true there would be no money to trade anywhere and the market would collapse, that very statement doesn't make any sense.

-Using the robots posted here in trading Forex does not guarantee success.
OK, there are no guarantees, but robots have a better win loss ratio than humans, see
http://www.myfxbook.com/members/ForexAssistant/rise-audcad/578913

-Trading these robots could lead to serious financial loss.
Putting your money in a bank can lead to serious financial losses, just ask those that had their money in a Cypress bank just recently and bank stocks in 2008. Any investment has the propensity to lose money, but the whole idea of becoming a trader is to learn how to manage your risks, not avoid them, you can't make any money that way.

-Trading these robots without understanding their underlying trading strategies guarantees traders will lose their money.
There are no guarantees, even to the dark side. It may not be intelligent to use something that you don't understand but I will put my money on a non emotional proven computer program that I don't understand long before I will a live trader doing something that I don't understand.

-A trading robot is a maximum of 90% as good as the manual strategy it trades.
Some robot strategies don't have a manual counter part. Take the PIG (Passive Income Generator) for example,
http:www.myfxbook.com/members/ForexAssistant/passive-income-generator/685841 I can show you in detail how it works, prove all the math, but you can't trade this system manually, I can't do it either, because the whole system was designed for the computer.

Use your logic, computers beat the Grandmaster of chess, the best in the world, back in the 1990's. (Deep Blue) Watson, just beat the 2 best Jeopardy champions, one of which won over 80 straight competitions. Watson didn't just win, it was a run-a-way. Computers do surgery in places humans can't touch. Given all this, why are there some that hold to such out dated beliefs as investment robots can't perform well? Don't have an answer to that but just because one person can't do something, it doesn't mean it can't be done. However, I have yet to see a technical trading system that was safe for investing. I don't care about huge returns, I want safety, and that is why I invest with proven robotic programs. Safety!

Keep an open mind, the world is changing.

Bob

What is the first thing after registering in myfxbook?

Stay away those who try to sell you products. They want only one thing, your pocked.


Dear traders I wont post here anymore because I started to get sick of spammers. Especially those with demo accounts, who delete those who blow out and promote those who are less screwie.

Instead I will open a new thread and will post there. Everyone who is urged to learn how to trade is welcome.


Thank you.

"Stay away those who try to sell you products. They want only one thing, your pocked."

No, they can't use your pocket, they want money and are willing to perform a function in exchange. The guy selling couches, wants your money, the question is, do you want his couch? If it works for you and you agree to the price, why should you avoid him because he wants money in exchange for his labor or someone else's labor needed to build the couch?

All I am saying is use your intelligence and don't just follow something said on these talk shows. I get all of these posts sent to my e-mail and seldom interrupt. I said nothing as Ardit derailed the topic of "What to do after registering for MyFxBook. I only take time to bump the conversation back to some type of reality when I see people making harmful comments.

Just for the record, I am a researcher and do not sell to the public, however, my wife does. Why, I don't know. She may be insane.

Here is my website, forex-assistant.com, go try to buy something there. You won't need your wallet, there isn't one damn thing to buy, but the innuendo was that since I defend the intelligent use of robotics, you should stay away from me because my research with computerized investing is not worth the consideration of actually paying for my work.

In what world does that make sense?

I will promise you that, if my programs don't work, no one will buy them. After all, anyone can use them free for as long as they want to on any demo account. On the other hand, if they do work, why warn people away?

Emotions are not good for trading, and they are not good for deciding which strategies are better for your use. You all have good minds or you would not have made it this far, use them to decide which way to go. And please don't run away from things that you don't currently understand, because when you do come to understand them, you are more advanced than all those who have run away.

And now I am going to disappear back into my shadow. Good luck all.

Bob

ahuruglica posted:
What is the first thing after registering in myfxbook?

Stay away those who try to sell you products. They want only one thing, your pocked.


Dear traders I wont post here anymore because I started to get sick of spammers. Especially those with demo accounts, who delete those who blow out and promote those who are less screwie.

Instead I will open a new thread and will post there. Everyone who is urged to learn how to trade is welcome.


Thank you.

I follow :)

Kind regards

Than you Marnix

I will comtinue to post on this thread:

http://www.myfxbook.com/community/new-traders/learning-how-trade/730297,1

You are welcome to join.

I am running different EA´s on my account- they are marked and can be read out by myfxbook.

By using myfxbook is it possible to analyze the trading result on each EA separetly on the same account ?

Thanks for your help- Thomas.

Question No 2:

I am running accounts at pepperstone and thinkforex- both brokers normally do not use investor passwords as I believe.

How can I verify my trade results on myfxbook without that ?

Thanks- Thomas.

Hi,
You need to set the investor password in the platform. Go to
Tools > Options > Server Tab < Change Button
Best regards Steve